Ajman Bank has announced a profit before tax of AED 414 million (US$112.7 million) for the first nine months of 2025, marking a 32% increase year-on-year. Profit after tax reached AED 380 million, up 31% compared to the same period last year.
The Bank’s total operating income stood at AED 1.2 billion, with net operating income of AED 660 million, reflecting a robust performance across core business segments and the disciplined execution of its growth strategy.
Strategic review and leadership insights
H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Board, chaired the Bank’s Board of Directors meeting to review the results and discuss strategic priorities aimed at sustaining growth and long-term value creation.
“Ajman Bank’s performance for the first nine months of 2025 reflects the effectiveness of its strategy and its growing contribution to the UAE’s financial landscape. The Bank continues to advance its role as a catalyst for sustainable economic development and value creation across the wider community,” said H.H. Sheikh Ammar.
Balance sheet growth and financial health
The Bank’s total assets increased by 23% since year-end 2024 to AED 28.0 billion, supported by a 20% rise in total financing to AED 18.5 billion. Customer deposits increased 14% to AED 20.6 billion, while shareholders’ equity reached AED 3.4 billion, up 8% year-to-date, highlighting continued balance-sheet growth and stable funding momentum.
Capital and liquidity positions remained strong, with a Capital Adequacy Ratio (CAR) of 16.9% and a Tier 1 Capital Ratio of 15.8%. Return on Equity (ROE) improved to 15.6% (up 276 bps), and Return on Assets (ROA) reached 2.0% (up 30 bps). The Cost-to-Income Ratio stood at 44.8%, reflecting ongoing investment in technology, digital transformation, and operational efficiency.
Improved asset quality
Asset quality continued to show improvement, with the Non-Performing Loans (NPL) Ratio declining to 7.7% (down 801 basis points) and the Real Estate Ratio reduced to 31.9% (down 219 basis points), supported by effective credit risk management and portfolio diversification.
Mustafa Al Khalfawi, Chief Executive Officer of Ajman Bank, said:
“Our nine-month results demonstrate Ajman Bank’s operational strength and consistent delivery against strategic priorities. We continue to focus on enhancing efficiency, optimizing our balance sheet, and expanding our digital ecosystem to drive sustainable growth and long-term stakeholder value.”
Commitment to sustainability and innovation
Ajman Bank continues to advance its sustainability and innovation agenda in alignment with Ajman Vision 2030 and the UAE’s national economic transformation goals. The Bank remains committed to its AED 4 billion Sustainable Finance pledge by 2030 and Net Zero Emission target by 2050, reinforcing its vision to create a lasting, positive impact on the economy and society.
